Gann Calculator
What is Gann Square of 9?
The GANN Square is derived from the Spiral Chart by WD Gann. Gann square of 9 is the Spiral of numbers starting from 1 in a square of nine rows and nine columns. Gann theory is mainly used in intraday trading and is very easy to use. By using GANN theory we can calculate supports and resistances of stock in the stock market. As per Gann square of 9, support and resistance levels are placed at 45 degrees, 90 degrees, 135 degrees, etc.
How to use Gann Square of Nine effectively?
Manually calculating and selecting a suitable stock using a Gann calculator is a time-consuming process. You may track the buy and sell levels of a stock, as well as support (S1, S2, S3, S4) and resistance levels (R1, R2, R3, R4), in the Gann calculator which is available on the Intraday screener website. You can calculate the Gann levels using Ltp or Close, you just need to click on it to choose Ltp or close.
LTP (Last Traded Price) is the price of the last transaction that got executed on the exchange.
The closing price is the weighted average price based on the last 30 minutes of trading.
How does Gann Square work?
The Gann square of nine helps to identify time and price alignments in order to forecast prices.
In the Gann Square of nine, the key numbers of importance are as follows:
0 or 360 degrees: 2, 11, 28, 53….
45 degrees: 3, 13, 31, 57, 91…
90 degrees: 4, 15, 34, 61, 96…
180 degrees: 6, 19, 40, 69…
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